[Karen37a]

I am not looking at this from a sales perspective. How many ISOs will be able to afford lending licenses in different states? How many banks will be able to keep paying the commissions they pay if they can't charge the rates they are charging now? This law in California basically is making an MCA illegal, meaning only loans allowed. If that law spreads to other states this industry is screwed. California is now an A and B paper only state after this passes.. All the lower level lenders who offer MCAs will not be able to lend in the state. What good is being able to sell something if there is nothing to sell

Which is what I said would be the net result for 3 long years being attacked and slandered the whole way

And I said 100 times...someone is leading everyone to their death